Residential plot in Katholiki for Development

An exceptional investment opportunity in one of Limassol's most sought-after central locations. This prime 528m² residential plot is situated in the highly desirable Katholiki area, offering excellent development potential for a residential apartment project.

A planning and building permit application has already been submitted and is currently pending approval, allowing the new owner to move the project forward with valuable time already saved.

Property Details
✅Plot Size: 528m²
✅Planning Zone: Κα3
✅Building Density: 140%
✅Coverage Ratio: 50%
✅Maximum Floors: 4
✅Maximum Height: 17m
✅Flat, regular, and smooth surface
✅Excellent central location with easy access to all amenities

Investment Advantage

✅The property is owned by a single-purpose company with no liabilities. The sale can be completed through a share transfer, offering significant savings as no VAT and no property transfer fees are payable (subject to purchasers obtaining their own legal and tax advice).

✅This is an outstanding opportunity for developers and investors seeking a centrally located plot with excellent development parameters and a tax-efficient acquisition structure.

✅Price: €1,050,000